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Investment Attraction South Australia (IASA)
Program ID: 13036
Overview
This program aims to capture foreign direct investment - investment which creates high value-adding industries and sustainable jobs. It seeks to connect businesses with decision-makers, identify funding and support options, help them choose new premises and then settle into South Australia.

The program works with investors to:
- Provide a dedicated point of contact for all project requirements.
- Ensure they have the best support to expedite a project in what may be a new city.
- Simplify dealings with government and other business partners to streamline the path to a secure investment.
- Provide policy and regulatory assistance to accelerate investments.
- Help access the State’s skilled local workforce, ensuring investors are connected to professionals who can deliver results.
- Link to new technologies, services, skills or processes which may add value to the organisation.

A total funding pool of $15 million is available over two years from 2015-16.

As announced in the 2017-18 State Budget, Investment Attraction South Australia will receive an additional $60 million over four years. It will comprise $30 million in grants over 2017-18 and 2018-19 and $30 million in low-interest loans over 2019-20 and 2020-21. It forms part of the State Government’s $200 million Future Jobs Fund.

This State Budget investment in IASA provides $10 million in 2017-18 and $20 million in 2018-19 to further support and secure new investment in South Australia within key industries including:
- Shipbuilding and defence
- Renewable energy and mining
- Tourism, food and wine
- Health and biomedical research
- IT and advanced manufacturing
Who Can Apply
Eligible applicants include companies and start-ups who wish to relocate their operations to South Australia.

The priority sectors are:
- Minerals and energy resources
- Food and agribusiness
- Advanced manufacturing and future industries
- Technology and creative industries
- Financial and business services
Applies to
DocumentationUploaded
Web OverviewJune 2017
News ReleaseJune 2017
Use these documents as a guide only - always get the latest direct from the Administrator
Status Open
Closing Information
This program is open on an ongoing basis.
Funding Type Grants, Loans
Total Funding Pool $75.0M
Requires Co-contribution? Yes
Competitive Yes
Location South Australia
Industry
Building, Construction and Engineering
Defence
Energy and Renewables
Finance and Business Services
Food and Beverage
Healthcare, Medical, Biotechnology and Nanotechnology
Information Technology and Communication (ICT)
Mining
Tourism
Activities
Start-up / Establishment
Difficulty Rating
Department
Department of State Development (DSD)
Program Administrator
Department of State Development (DSD)
Telephone 08 8303 2432
General Website Visit website
Program Website Visit website
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